Insolvency and restructuring

News

Allen & Overy

Another Milbank leaver exits for A&O

Another partner from Milbank’s financial restructuring team is set to leave the firm, this time joining Allen & Overy ahead of its merger with Shearman & Sterling. Karen McMaster is the latest partner loss from Milbank following last month’s news of a structured finance team led by partner John Goldfinch moving to Allen & Overy, soon […]

Redundancy

Knights joins wave of firm redundancies

Listed firm Knights has become the latest firm to make lawyers redundant across the country, The Lawyer can reveal. It is understood that both partner and associate roles have been cut across the firm’s restructuring and insolvency, corporate, and real estate teams. The redundancies have taken place across the firm’s offices in the UK, with […]

Ted Baker

Ted Baker fallout: Slaughters and Simmons among firms in leading roles

Slaughter and May and Simmons & Simmons are respectively on to represent Authentic Brands Group and Ted Baker’s holding company No Ordinary Designer Label as the fashion retailer files its intention to appoint administrators. Hundreds of high street jobs were put at risk after Tuesday’s announcement that Ted Baker would be in want of a […]

Yodel

Dechert leads on Yodel rescue thanks to Weil Gotshal hire

Dechert’s involvement in the rescue deal of parcel delivery company Yodel this week can be attributed to the strategic hire of partner Adam Plainer in 2021. Plainer, who joined the firm from Weil Gotshal & Manges, maintained connections with Yodel’s board, leading to the successful introduction of the deal to Dechert. This week’s rescue deal […]

The Body Shop collapse: Jones Day takes administration role

US firm Jones Day has been appointed as the lead law firm acting on the administration of The Body Shop. It is understood that the collapse of the London-headquartered retailer expects to put over 2,200 jobs at risk, just three months after the brand was sold to German asset manager Aurelius Group by its previous […]

Analysis

post office

Post Office Horizon inquiry: The four things you missed last week

It was the turn of the general counsels last week to give their perspective on the Post Office Horizon scandal. Here’s what they had to say about Womble Bond Dickinson, Linklaters and litigation funders. For live updates, check out our live blog.  Funders react to Womble Bond’s plan to “stretch out the litigation process” Earlier […]

It’s not all about you

The use of LinkedIn for self-promotion has skyrocketed in the last decade, as businesspeople use social media to attract new opportunities and position themselves with authority in their industry. But it’s important to tread with caution.

people in a group

The recipe for corporate success? More junior associates

Corporate teams at Slaughter and May and Travers Smith are relying on larger – and younger – teams of associates to power up their revenues. According to data collected by The Lawyer’s Practice Analysis service, firms housing a larger number of junior lawyers help to grow revenues quicker compared to firms with a more senior […]

Featured Briefings

The Cayman Islands Court of Appeal Relieves the Tension between Arbitration Clauses and the Just and Equitable Winding Up Jurisdiction

In a comprehensive judgment published on 23 April 2020, the Cayman Islands Court of Appeal, comprising Moses JA, Martin JA and Rix JA, has provided welcome clarification of the interplay between a contractual agreement to arbitrate disputes arising between shareholders and the exclusive jurisdiction of the Court to determine whether a company should be wound […]

Challenging an IVA on the grounds of material irregularity

By Simon Clark, Gawain Moore In Gertner v CFL Finance Ltd [2018] the Court of Appeal found that there had been a material irregularity at the creditors’ meeting convened to consider the debtor’s IVA proposals. The lender’s breach of the good faith principle between creditors was sufficient to revoke the IVA on grounds of material irregularity.